If consumers demonstrate limited spending and companies are not raising salaries you end up with a type of stagnant economy that can start going downhill. Some experts are noticing how what is now happening in Japan could influence economies in other countries to end up going down the same downhill path.
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https://www.bloomberg.com/news/articles/2019-04-17/japan-s-deflation-mindset-could-be-contagious?srnd=premium-asia
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